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This Form contains the latest information about the directors and shareholders of the public limited company, and is to be filed with relevant ROC within Sixty days of holding the Annual General Meeting (AGM). In case, the total paid-up capital of the public limited company equals to or exceeds Rs. Ten Crore, or its annual turnover crosses Rs. Fifty Crore, then, there will arise the requirement of filing the Form MGT-8 (Certification of Annual Return) also, within Sixty days from the end of the financial year.
This Form is to be filed with the relevant ROC within Thirty days of holding the AGM of the company. As per the new provisions dictated by the Companies Act of 2013, this Form will contain the Balance Sheet, Profit and Loss Account, Directors' Report, Cash Flow Statement, Auditor's Report, and the Consolidated Financial Statement. Again, now every listed public limited company located anywhere in India, is required to prepare its Financial Statement in Extensible Business Reporting system (XBRL).
This inevitable Form is to be filed with the Income Tax Department, on or before 30th September of the following financial year. Again, tax-audit will be compulsory if the annual turnover of the public limited company gets more than Rs. One Crore.
Now, every public limited company (listed or unlisted) is required to submit the Secretarial Audit Report along with the Board Report, under any of the following conditions --- a) when its total paid-up capital becomes equal to or crosses Rs. Fifty Crore; or b) its annual turnover equals to or exceeds Rs. 250 Crore.
Essentially including the Listing Regulations of 2015. (especially for the listed public limited companies).
This Adoption of Financials and Director's Report, is to be filed within Thirty days from the Board Meeting, together with the copy of the Board Meeting of the public limited company.
These could be related with the internal company administration, external business management, corporate growth, or any unexpected or contingent activities to be performed by the (listed) public limited company.
Not necessary to file ADT 1 for ratification. Since the auditor is appointed for a period covering more than one year in your case, form ADT - 1 need not be filed at every ratification, considering ratification is not an appointment as such.
Audit exemption for Private Limited Companies. You may not need to get an audit of your private limited company's annual accounts. Most small private limited companies only need an audit if their articles of association say they must or the shareholders ask for one.
A compliance checklist is a specific set of questions used to test whether a product or service is compliant. Business executives often use these queries to test how a product or a specific service complies with specific standards, especially in areas that are usually difficult to test.
Minimum two directors are required to incorporate a private limited company. Companies Act, 2013, has introduced the concept of One Person Company(OPC) private limited, in which a single individual can start a private limited company. Thus, if you plan to incorporate OPC, you can incorporate it with only one director.